Story thread · 2 reports / 2 sources

Over 600 companies likely to be culled in Topix index’s biggest overhaul, analysts say

japantimes.co.jp · 4dShare

Companies whose free-float market capitalization ranks in the bottom 3% of Tokyo Stock Exchange-listed firms will be phased out over two years beginning in October.

First report: Japan Small Caps Face Survival Race as Topix Cull Looms — bloomberg.com, 4d